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DDR Shares Down 29.2% Since SmarTrend's Sell Call (DDR)

By James Quinn

SmarTrend identified a Downtrend for DDR (NYSE:DDR) on September 12th, 2016 at $18.25. In approximately 6 months, DDR has returned 29.17% as of today's recent price of $12.93.

DDR share prices have moved between a 52-week high of $19.92 and a 52-week low of $12.76 and are now trading 1% above that low price at $12.93 per share. In the last five trading sessions, the 50-day moving average (MA) has climbed 0.7% while the 200-day MA has risen 0.2%.

DDR Corporation is a real estate investment trust that develops, leases, and manages shopping centers. The Company's properties are located primarily in the East and Midwest United States as well as joint venture properties in Brazil.

SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any changes in momentum for shares of DDR.

Log in and add DDR (DDR) to your watchlist today so you can receive a real-time alert when the shares are about to change trend.

Keywords: spotlights

Ticker(s): DDR